32 To 61 Percent!

Yesterday From MSN:

In a hard-hitting session, the Dow Jones Industrial Average (DJI) spiraled more than 262 points at its intraday low, and retreated to its lowest settlement in more than a month. "Earnings season continues to be the main focus for the market and, unfortunately, it hasn't been that great," remarked Schaeffer's Senior Equity Analyst Joe Bell. "Throw in some bad news from Moody's concerning Spain and their economic problems, and you had one of the worst daily losses in months. Stocks in the basic-materials sector are definitely getting hit the hardest."
MSN

Today From MSN:

 "Boeing's more optimistic outlook bucked the recent string of disappointments from global giants including DuPont , United Technologies Corp and 3M Co , all of which lowered their full-year forecasts.

Investors have focused on weak revenue growth so far this earnings season, said Kate Warne, investment strategist at Edward Jones in St Louis.

"Certainly today we've seen some companies with better earnings, but overall, the trend remains one where investors are cautious," said Warne.

Tech stocks weighed to the downside amid signs businesses were putting off spending because of the uncertain economic outlook. Decliners included network equipment maker Cisco Systems Inc , which was down 2.5 percent at $17.55. Movie rental company Netflix slumped 12.2 percent to $59.93 after it cut its subscriber forecast.

Just 38.2 percent of companies have reported revenue that beat analysts' expectations, while 61.8 percent have fallen short, according to Thomson Reuters data. In a typical quarter, 62 percent of companies beat estimates." MSN